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XRP price falls below $1.20, key level for short-term outlook and next moves.

Analyst Insights
08 Nov 2026, 17:24 WIB
Tokenpost
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Neutral
XRP price falls below $1.20, key level for short-term outlook and next moves.

XRP dropped below the critical $1.20 level on November 6, marking a key point in its short-term price outlook. Analyst Alex Marzell highlighted $1.20 as the decisive level: if XRP recovers above it, $1.22 could be targeted; if not, lower levels of $1.16 and $1.14 may come into play. These levels are conditional scenarios rather than confirmed targets. This outlook updates an earlier forecast that set a downside range between $1.10 and $1.20 if XRP closed daily below $1.20.

XRP trades at Rp20.917 on Pluang as of Nov 08, 2026 22:41 WIB, showing a slight 0.03% increase in one day. The platform records a market cap of Rp1.329,84 trillion and a 24-hour trading volume of Rp15,66 trillion. Most Pluang users hold XRP for about 73 days, with buying activity at 72%.

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